51²è¹Ý

1. Headline statistics for May 2025

Estimates for the most recent months are provisional and are likely to be updated as more data is incorporated into the index. Read the revision policies.

2. Economic statement

Average house prices in Wales increased by 5.1% in the 12 months to May 2025, to £210,000 (provisional estimate). This was up from 4.5% (revised estimate) in the 12 months to April 2025 and was higher than the average UK house price annual inflation of 3.9% (provisional estimate) in the 12 months to May 2025.

On a non-seasonally adjusted basis, average house prices in Wales increased by 0.5% between April 2025 and May 2025, compared with a decrease of 0.1% during the same period 12 months ago.

On a seasonally adjusted basis, average house prices in Wales increased by 0.4% between April 2025 and May 2025.

Comparing the provisional UK HPI volume estimate for March 2024 with the provisional UK HPI estimate for March 2025, the volume of transactions increased by 54.1% in Wales and increased by 53.8% in the UK.

In Wales, 21 of the 22 local authority areas showed an increase in average house prices in the 12 months to May 2025. Caerphilly showed the highest annual percentage change, rising by 8.8% to £194,000 in the 12 months to May 2025. In contrast, Ceredigion showed the lowest annual percentage change, decreasing by 6.9% to £221,000 in the 12 months to May 2025.

In Wales, detached and semi-detached houses had the highest annual inflation out of all property types, increasing by 5.7% in the 12 months to May 2025, to an average price of £330,000 and £209,000 respectively. Flats and maisonettes had the lowest annual inflation, increasing by 1.9% in the 12 months to May 2025, to an average price of £130,000.

As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data.

3. Price change

3.1 Annual price change

Annual price change for Wales over the past 5 years

In Wales, the average price increased by 5.1% in the 12 months to May 2025 (provisional estimate), up from 4.5% in the 12 months to April 2025 (revised estimate).

Annual price change by local authority for Wales

Low numbers of sales transactions in some local authorities can lead to volatility in the series.

While we make efforts to account for this volatility, the change in price in these local levels can be influenced by the type and number of properties sold in any given period.

Geographies with low number of sales transactions should be analysed in the context of their longer-term trends rather than focusing on monthly movements.

Local authorities	May 2025	May 2024	Difference
Blaenau Gwent	£135,607	£129,680	4.6%
Bridgend	£212,160	£198,449	6.9%
Caerphilly	£194,045	£178,351	8.8%
Cardiff	£270,159	£259,855	4.0%
Carmarthenshire	£196,987	£188,816	4.3%
Ceredigion	£221,186	£237,578	-6.9%
Conwy	£203,366	£201,818	0.8%
Denbighshire	£190,052	£183,956	3.3%
Flintshire	£217,504	£200,477	8.5%
Gwynedd	£196,584	£183,647	7.0%
Isle of Anglesey	£224,123	£221,212	1.3%
Merthyr Tydfil	£144,974	£139,399	4.0%
Monmouthshire	£325,677	£316,890	2.8%
Neath Port Talbot	£157,606	£150,106	5.0%
Newport	£225,181	£210,490	7.0%
Pembrokeshire	£221,445	£215,034	3.0%
Powys	£231,249	£228,174	1.3%
Rhondda Cynon Taf	£156,904	£147,646	6.3%
Swansea	£207,873	£192,984	7.7%
Torfaen	£193,453	£193,433	0.0%
Vale of Glamorgan	£290,152	£284,622	1.9%
Wrexham	£204,235	£189,821	7.6%
Wales	£209,580	£199,330	5.1%

Average price by local authority for Wales

In May 2025, the most expensive area to purchase a property was Monmouthshire, where the average cost was £326,000. In contrast, the cheapest area to purchase a property was Blaenau Gwent, where the average cost was £136,000.

3.2 Average price change by property type

Average price change by property type for Wales

Property type	May 2025	May 2024	Difference
Detached	£329,988	£312,223	5.7%
Semi-detached	£208,858	£197,540	5.7%
Terraced	£166,098	£158,166	5.0%
Flat or maisonette	£129,975	£127,502	1.9%
All	£209,580	£199,330	5.1%

4. Sales volumes

The amount of time between the sale of a property and the registration of this information varies. It typically ranges between 2 weeks and 2 months but can be longer. Volume figures for the most recent 2 months are not yet at a reliable level for reporting, so they are not included in the report. Published transactions for recent months will increase as later registered transactions are incorporated into the index.

Sales volume data is also available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions involving the creation of a new register, such as new builds, are more complex and require more time to process. Read Revisions to the UK HPI data for more information.

4.1 Sales volumes by local authority

Sales volumes for Wales by local authority

Comparing the provisional volume estimate for the current month with the revised volume estimate for the corresponding month in the previous year

Local authorities	March 2025	March 2024
Blaenau Gwent	39	59
Bridgend	98	141
Caerphilly	124	164
Cardiff	239	302
Carmarthenshire	111	160
Ceredigion	55	62
Conwy	140	151
Denbighshire	80	87
Flintshire	119	150
Gwynedd	72	100
Isle of Anglesey	42	65
Merthyr Tydfil	28	34
Monmouthshire	67	96
Neath Port Talbot	104	142
Newport	118	151
Pembrokeshire	97	134
Powys	93	117
Rhondda Cynon Taf	183	220
Swansea	164	226
Torfaen	47	83
Vale of Glamorgan	117	119
Wrexham	94	104
Wales	2,231	2,867

Note: The number of property transactions for March 2025 will increase as more transactions are incorporated into the index. See our Revisions Policy for more information.

Comparing the provisional UK HPI volume estimate for March 2024 with the provisional UK HPI volume estimate for March 2025, volume transactions increased by 54.1% in Wales.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period) report that in the 12 months to March 2025, on a non-seasonally adjusted basis, HMRC volume transactions increased by 22.6% in Wales.

4.2 Sales volumes

Sales volumes for Wales over the past 5 years

Date	Sales volumes for Wales
March 2021	5,504
March 2022	4,154
March 2023	3,228
March 2024	2,867
March 2025	2,231

5. Property status

Transactions involving the creation of a new register, such as new builds, are more complex and need more time to process. This means they can take longer to appear in the land registers. The volume of new build transactions for the most recent 2 months are not at a reliable level for reporting the breakdown between new build and existing resold property, so they are not included in the report.

Property status	Average price March 2025	Monthly change	Annual change
New build	£384,861	1.4%	26.5%
Existing resold property	£205,741	1.0%	3.4%

6. Buyer status

First time buyer and former owner occupier for Wales

Type of buyer	Average price May 2025	Monthly change	Annual change
First time buyer	£179,929	0.5%	5.3%
Former owner occupier	£250,758	0.4%	5.0%

7. Funding status

Cash and mortgage indicator for Wales

Funding status	Average price May 2025	Monthly change	Annual change
Cash	£208,073	0.9%	4.2%
Mortgage	£210,311	0.3%	5.6%

8. Repossession sales volume

Due to a period of 2 weeks to 2 months between completion and registration of sales, repossession volume figures for the most recent 2 months are not yet complete, so they are not included in the report.

Repossession sales volume

Country	Repossession sales volume March 2025
Wales	5

9. Access the data

Download the data as CSV files or access it with .

Data revisions

View any revisions to previously published data in the data downloads or find out more about revisions in our guidance About the UK HPI.

10. About the UK House Price Index

The UK House Price Index (UK HPI) is calculated by the Office for National Statistics and Land & Property Services Northern Ireland. Find out about the methodology used to create the UK HPI.

Data for the UK House Price Index is provided by HM Land Registry, , and the Valuation Office Agency.

Find out more about the UK House Price Index.

11. Contact for Wales queries